Common use of Non-Solicitation/Non-Compete Clause in Contracts

Non-Solicitation/Non-Compete. (a) During the period commencing on the date hereof and ending on the first anniversary of the date on which Executive ceases to receive any payments from Parent, the Company or any of the Company's subsidiaries pursuant to this Agreement, the Executive shall not directly or indirectly through another Person (i) induce or attempt to induce any employee of the Company or any Affiliate of the Company to leave the employ of the Company or such Affiliate, or in any way interfere with the relationship between the Company or any such Affiliate, on the one hand, and any employee thereof, on the other hand, (ii) hire any person who was an employee of the Company or any Affiliate of the Company until six (6) months after such individual's employment relationship with the Company or such Affiliate has been terminated or (iii) induce or attempt to induce any customer, supplier, licensee or other business relation of the Company or any Affiliate of the Company to cease doing business with the Company or such Affiliate, or in any way interfere with the relationship between any such customer, supplier, licensee or business relation, on the one hand, and the Company or any Affiliate, on the other hand.

Appears in 5 contracts

Samples: Retention Agreement (Platte Chemical Co), Retention Agreement (Platte Chemical Co), Retention Agreement (Platte Chemical Co)

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Non-Solicitation/Non-Compete. (a) During the period commencing on the date hereof Effective Date and ending on the first anniversary of the date on which Executive ceases to receive any payments from Parent, the Company or any of the Company's subsidiaries pursuant its Affiliates related to this Agreementsalary, bonus or severance, the Executive shall not directly or indirectly through another Person (i) induce or attempt to induce any employee of the Company or any Affiliate of the Company to leave the employ of the Company or such Affiliate, or in any way interfere with the relationship between the Company or any such Affiliate, on the one hand, and any employee thereof, on the other hand, (ii) hire any person who was an employee of the Company or any Affiliate of the Company until six twelve (612) months after such individual's ’s employment relationship with the Company or such Affiliate has been terminated or (iii) induce or attempt to induce any customer, supplier, licensee or other business relation of the Company or any Affiliate of the Company to cease doing business with the Company or such Affiliate, or in any way interfere with the relationship between any such customer, supplier, licensee or business relation, on the one hand, and the Company or any Affiliate, on the other hand.

Appears in 3 contracts

Samples: Employment Agreement (Borden Chemical Inc), Employment Agreement (Borden Chemical Inc), Employment Agreement (Borden Chemical Inc)

Non-Solicitation/Non-Compete. (a) During the period commencing on at the date hereof Effective Time and ending on the first anniversary of the date on which the Executive ceases to receive any payments from Parent, the Company or any of the Company's subsidiaries pursuant its Affiliates related to this Agreementsalary, bonus or severance, the Executive shall not directly or indirectly through another Person (i) induce or attempt to induce any employee of the Company or any Affiliate of the Company to leave the employ of the Company or such Affiliate, or in any way interfere with the relationship between the Company or any such Affiliate, on the one hand, and any employee thereof, on the other hand, (ii) hire any person who was an employee of the Company or any Affiliate of the Company until six twelve (612) months after such individual's ’s employment relationship with the Company or such Affiliate has been terminated or (iii) induce or attempt to induce any customer, supplier, licensee or other business relation of the Company or any Affiliate of the Company to cease doing business with the Company or such Affiliate, or in any way interfere with the relationship between any such customer, supplier, licensee or business relation, on the one hand, and the Company or any Affiliate, on the other hand.

Appears in 1 contract

Samples: Employment Agreement (Hexion Specialty Chemicals, Inc.)

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Non-Solicitation/Non-Compete. (a) During the period commencing on the date hereof Effective Date and ending on the first anniversary of the date on which Executive ceases to receive any payments from Parent, the Company or any termination of the Company's subsidiaries pursuant to this AgreementExecutive’s employment for any reason (the “Restricted Period”), the Executive shall not directly or indirectly through another Person (i) induce or attempt to induce any employee or independent contractor of the Company or any Affiliate of the Company Affiliated Entities to leave the employ of the Company or such AffiliateAffiliated Entity, or in any way interfere with the relationship between the Company or any such AffiliateAffiliated Entity, on the one hand, and any employee or independent contractor thereof, on the other hand, (ii) hire any person who was an employee or independent contractor of the Company or any Affiliate of the Company Affiliated Entity until six twelve (612) months after such individual's employment ’s relationship with the Company or such Affiliate Affiliated Entity has been terminated or (iii) induce or attempt to induce any customercustomer (whether former or current), supplier, licensee or other business relation of the Company or any Affiliate subsidiary of the Company to cease doing business with the Company or such Affiliatesubsidiary, or in any way interfere with the relationship between any such customer, supplier, licensee or business relation, on the one hand, and the Company or any Affiliatesubsidiary of the Company, on the other hand.

Appears in 1 contract

Samples: Employment Agreement (MPM Silicones, LLC)

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